1. Be engaging. “Twitter is a perpetual stream of conversation,” said Jay Mason of Dealer Spike. “Staying engaged will help you from becoming swallowed in the sea of social media. ...
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PSB 123s: Increasing new unit sales profit
1. Have a sales process in place that works and that the staff trusts. “How well does your staff follow your process when you are not looking? Do your customers ...
Read More »PSB 123s: Customers you should be reaching
Customers who haven’t made a purchase. “Data mine every person that hasn’t purchased a unit. The real target there is the folks that haven’t purchased,” said Tad Kilgore of Traffic ...
Read More »PSB 123s: What your parts manager should be doing that he’s not
1. Merchandise and rotate product. “This idea is as old as retail itself,” said Tim Calhoun of LeoVince USA. “Not only does it give you a better understanding of what ...
Read More »PSB 123s: Metrics dealers should be managing
1. Number of leads. A dealer should make sure that all Web, phone, walk-in and show leads are accounted for in a lead management system, says Bob McCann of ARI. ...
Read More »PSB 123s: Tips for Facebook
1. Set up a business page for your dealership instead of a personal profile. “When creating your Facebook account, set up a business page for added benefits that include unlimited ...
Read More »PSB 123s: How to increase PG&A profit
1. Bundle common accessories. “Put together discounted packages of accessories to make buying more convenient,” said sales trainer and Profit Xcelerator presenter Don Cooper. “You can create different types of ...
Read More »PSB 123s: Marketing tactics
1. Don’t inundate customers with too many messages. “Your mobile alerts should be relevant and timely. Don’t send them a series of messages promoting the same event or offer,” said ...
Read More »PSB 123s: What your staff is wasting time on
Never having meetings about what is going on in the dealership. “At the end of the day, the dealership has to make money, or none of the employees will have ...
Read More »PSB’s 123s: How to save money at your dealership
How to save money at your dealership 1. Align your most valuable asset — your employees. “Most dealership employees I have encountered care a lot more about their store than ...
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